공고 • Jul 02
Labrador Gold Corp. Provides Exploration Updates At Mariposa and Eureka Dome Projects Labrador Gold Corp. announced that its exploration programs for the Mariposa and Eureka Dome projects are under way. The Company has closed the first tranche of the Option Agreement dated May 8, 2026 with Pacific Ridge Exploration Limited by making a $100,000 cash option payment and issuing 800,000 common shares to Pacific Ridge. The shares issued are subject to a resale restriction expiring on October 30, 2026. Soil sampling has been completed on Eureka Dome and the first stage of soil sampling has been completed at Mariposa with 1,966 samples collected to date. At Mariposa ridge and spur sampling in the south, west and northern potions of the property have been completed, and a start has been made on the Alberta Creek Grid extension. All samples have been sent to Bureau Veritas for analysis by ICP-ES/MS following a modified aqua regia digestion (Code AQ201). The airborne magnetic/radiometric survey has been delayed due to weather and will begin once conditions improve. The 16,000 ha Mariposa project consists of 795 claims situated in the White Gold District and is 40 kilometres southeast of the White Gold Project (Indicated resources of 1.73 Moz Gold at 1.53g/t and inferred resources of 1.27 Moz Gold at 1.22g/t) and 30 kilometres east-northeast of Fuerte's Coffee gold project (Measured and Indicated resources of 2.96 Moz at 1.15g/t and Inferred resources of 0.8 Moz at 1.17g/t). Mariposa shares many geological similarities to both the Golden Saddle (part of the White Gold Project) and Coffee gold deposits including host lithologies, mineralization style and structural control. The age of gold mineralization at Mariposa (~155Ma) is consistent with that at Golden Saddle (163.5 to 155.5 Ma) and other prospects in the district, indicating that the mineralization is associated with a widespread orogenic gold event. The property occurs at the headwaters of significant placer gold producing creeks with historic placer production of 73,000 oz from Scroggie Creek indicative of significant bedrock gold mineralization yet to be fully defined. Six significant gold occurrences have been delineated by over 13,000 soil samples to date, including the most advanced Skookum Main and Skookum West prospects. Drilling at Skookum Main in 2011 intersected 1.51g/t Au over 81.5m from 24.5m including 2.44g/t Au over 38.9m from 29.1m. Trenching at Skookum west returned 1.40g/t Au over 40m including 1.83g/t Au over 20m in SWTR12-11. New Risk • Mar 13
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: CA$13.6m (US$9.90m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Earnings have declined by 49% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$13.6m market cap, or US$9.90m). Board Change • Mar 12
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Kevin Ramsay was the last independent director to join the board, commencing their role in 2026. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. 공고 • Feb 18
Coloured Ties Capital Provides Information to Shareholders of Labrador Gold On February 18, 2026, Coloured Ties Capital Inc. announced that it commit to paying shareholders a $0.02 dividend, if successful and will declare it within 7 days of the shareholder meeting, and stated that it would be far better to return some capital to shareholders than to continue to gamble it away on these poorly considered investments in other Companies’ projects, and Coloured Ties believes that returning some capital to shareholders is the right thing to do and it would still leave enough capital in the treasury to pursue prudent brownfield opportunities. In addition, Coloured Ties stated that allowing the current treasury destruction path and voting for the continuation of the current management will likely result in a much-depleted treasury, a grass roots project portfolio and a return to the pre-Coloured Ties common share valuation, or much less. 공고 • Feb 14
Coloured Ties views Labrador Gold's choice of Nemo Project as Value Destructive On February 13, 2026, Coloured Ties Capital expressed its views in connection with the Company's Board, labelling the Company’s recent choice of the Nemo Project as value destructive. In addition, Coloured Ties Capital highlighted a growing shareholder support for a shift away from what they termed a Board-Lead Blunder-Fest, emphasizing that credible leadership is essential for identifying quality investment opportunities, which the current Board has failed to do. Coloured Ties criticized the announced joint venture with Nemo Resources, arguing that it represents a recipe for treasury destruction and is unsuitable for a junior mining company. Further, Coloured Ties Capital pointed out that the Board's inability to source and evaluate projects has led to a reliance on outdated strategies, particularly in the context of the current commodities cycle, which favours brownfield exploration over long-term, high-risk ventures. Furthermore, Coloured Ties Capital urged shareholders to disregard the Board's distractions and focus on the facts, asserting that the Board is responsible for significant value destruction and strategic blunders. Coloured Ties called for a vote against the current leadership, advocating for the meaningful change and restore Company to a respected exploration and development company. 공고 • Feb 11
Kal Malhi and Coloured Ties Capital Inc. Commence Defamation Claim Against Labrador Gold Corp., James R. Borland, Leonidas Karabelas, Roger Moss and Trevor Boyd Coloured Ties Capital Inc. is one of the largest shareholders of Labrador Gold Corp. (TSXV: LAB) (OTCQB: NKOSF) (FSE: 2N6) ("Labrador" or the "Company"). Coloured Ties together with Kulwant (Kal) Malhi (the "Plaintiffs"), announce that they have commenced a defamation claim against Labrador, James R. Borland, Leonidas Karabelas, Roger Moss and Trevor Boyd (the "Defendants") with the Ontario Superior Court of Justice (the "Claim"). The Claim alleges that, among other things, on February 2, 2026 the Defendants caused to be published a letter to shareholders in the name of Labrador's board of directors and entitled "The Dissident's Motives Exposed: A Message From Your Board of Directors at Labrador Gold", together with its associated cover pages, graphics, and proxy messaging (collectively, the "Letter"). The Letter was disseminated as campaign material urging shareholders to vote management's proxy and to protect their Labrador investment from the Plaintiffs. The Claim alleges that Labrador knowingly published and disseminated false and defamatory statements accompanied by misleading and inflammatory imagery. Through its language, headings, imagery, and overall presentation, including the prominent headline "MALHICIOUS INTENT" and a depiction of Kal Malhi as a figure carrying away shareholder money from a vault, the Letter was designed to depict the Plaintiffs as thieves, dishonest, predatory, and a threat to shareholder property. The Defendants' use of misleading imagery and accompanying statements was reckless as to the truth and presented in a manner that is causing serious reputational harm to the Plaintiffs. In the Claim, the Plaintiffs seek, among other things, injunctive relief restraining the Defendants from further publishing or republishing the false, misleading and defamatory imagery and statements, and monetary damages for defamation from the Defendants including general, special, aggravated, and punitive damages, to be determined at trial. 
